718 Elk St Alexander, ND 58831
This thriving Alexander, ND cafe and bar presents a unique investment opportunity. Priced at $329,000, this 3,288 square foot retail property sits on a 17,500 square foot lot and boasts a rich history. Built in 1977 and extensively renovated in 2019, the property includes all new sewer pipes, water lines, and electrical systems, along with a new AC unit and furnace. The fully functioning restaurant comes complete with an all-stainless steel kitchen, a covered patio, and even a washer and dryer in the basement. The sale includes all equipment, furniture, serving containers, and display cases – a true turnkey operation. Benefit from an established clientele and a lack of direct competition in this prime location within McKenzie County. The permitted commercial zoning allows for continued operation as a restaurant and bar, with the basement offering potential for bar expansion. This is a rare chance to acquire a profitable business, building, and land, all in one comprehensive package. Don't miss this exceptional opportunity in the heart of the Bakken.
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Wild Flour Cafe & Bakery Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.